For more information, read the Daily look After yesterday’s ceremonial inauguration of Barack Obama, today is back to normal. Regular economic news will dominate forex trading. The German PPI (Producer Price Index) is expected to show a fall of 1.1%. Also from Europe, yet another speech from ECB’s Jean Claude Trichet. EUR/USD could fall more after Trichet’s speech. Britain, which saw it’s currency collapse, will face new and important economic figures: Claimant Count Change is expected to stand at 82,000. Another major release is the MPC Meeting Minutes, which will reveal the internal talks at the BoE, before cutting interest rates to a record low, two weeks ago. Also in Britain: Average Earnings Index, Public Sector Net Borrowing, monthly Prelim M4 Money Supply, and Unemployment Rate, expected to rise to 6%. Big day for the British pound. Watch out for moves in GBP/USD, GBP/JPY and EUR/GBP. In Canada, there was a rate cut yesterday: BOC dropped the rate by 0.5% to 1% only. It could go as low as its neighbor from the south. Kathy Lien suggests it could get next to zero. Today, the monthly Wholesale Sales will shed some more light on the Canadian economy. In Obama’s USA, there will be a speech by FOMC Member Timothy Geithner, and also the NAHB Housing Market Index. Happy Forex Trading! Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Daily Look share Read Next GOLD Remains Best Performer Guest 7 years For more information, read the Daily look After yesterday's ceremonial inauguration of Barack Obama, today is back to normal. Regular economic news will dominate forex trading. The German PPI (Producer Price Index) is expected to show a fall of 1.1%. Also from Europe, yet another speech from ECB's Jean Claude Trichet. EUR/USD could fall more after Trichet's speech. Britain, which saw it's currency collapse, will face new and important economic figures: Claimant Count Change is expected to stand at 82,000. Another major release is the MPC Meeting Minutes, which will reveal the internal talks at the BoE, before cutting interest… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
